Fuel Prices

nimbus

Member
Jan 15, 2003
16
0
Is anyone clear on the situation on US carriers in relation to cash positions of the airlines (including UA and U) and the jet fuel prices? I am aware that many airlines hedge but the extent and cost of hedging has not been discussed in quite a long time. An some point, fuel prices must be eating huge holes into the bottom line and possibly more bankruptcies.
With the cost of fuel being such a huge expense and the recent climb of jet fuel prices, I am surprised we haven''t heard nor seen more speculation on its impact towards an airlines operation, profit/loss, and for some airlines their very survival. Also, how does fuel prices affect the majors vs. the companies like B6, LUV, and ATA?
Thanks.
Michael
I am aware that AA has been very deliberate in removing any excess weight to lower fuel usage; are other major airlines being as aggressive?
 

AAquila

Senior
Sep 22, 2002
357
0
Nothing needs to be said, America's response is to take down Saddam and in turn stabilize the fuel prices for eons.

Thank God.

Now I can continue driving my foreign built SUV that displays a US flag sticker that says United we stand.
 

FWAAA

Veteran
Jan 5, 2003
10,251
3,900
[blockquote]
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On 1/15/2003 1:48:21 PM AAquila wrote:

Nothing need to be said, America's response is to take down Saddam and in turn stabilize the fuel prices for eons.

Thank God.

Now I can continue driving my foreign built SUV that displays a US flag sticker that says United we stand.

----------------
[/blockquote]